[RS]Chande's Momentum Oscilator - MMA - Candles V0

2 thg 7, 2015

update to old script: using candles to plot multiple moving averages increases readability.

29 thg 5, 2023

Phát hành các Ghi chú

Update for V5.
The Chande momentum oscillator is a technical momentum indicator introduced by Tushar Chande in his 1994 book The New Technical Trader. The formula calculates the difference between the sum of recent gains and the sum of recent losses and then divides the result by the sum of all price movements over the same period.
~reference